Las Vegas Sands Hit With $70M Verdict In Macau License Row

Law360, New York (May 14, 2013, 9:40 PM EDT) -- Billionaire Sheldon Adelson’s casino operator Las Vegas Sands was ordered Tuesday by a Nevada state jury to pay $70 million to a businessman accusing it of skipping out on $328 million in payments it allegedly owes for his help getting a Macau gambling license, according to Tuesday news reports.

The jury ruled for Hong Kong businessman Richard Suen, who had claimed in his 2004 suit that the casino giant did not pay him for his help in obtaining a gambling license in Macau, the AP reported....